Task Force for Socially Responsible Investing at the University of Toronto
Welcome to the website for the Task Force for Socially Responsible Investing at the University of Toronto. We are a group of students from various faculties and alumni working to get the University to adopt a policy about investing its $1 billion-plus endowment in a socially responsible manner. Below, you will find some links and documents that the Task Force has used as references thus far.
Research Agenda and Members Assignments
Research Agenda for the Task Force
Research Assignments:
Amy - Barnard
Ben S - Dartmouth
Howard - Michigan, Berkeley
Matthew - Princeton
Joe - Harvard, UofT history
Jonathan - Smith College
Justin - Yale, explore other Canadian schools
Lorne - Columbia
Marjan - U Penn
Michael Jordon - Stanford
Patrick - Swarthmore
Rob W - Williams College
Travis - Brown University
University of Toronto Related
University of Toronto Asset Management Corporation (UTAM) (the University's investment subsidiary that manages the endowment fund)
University of Toronto Investment Policy 2005
University of Toronto's Policy on Social and Political Issues With Respect to University Investment
"University's Endowment Fund - A Time for Action" Article in the September 13, 2005 issue of Ultra Vires (U of T Faculty of Law Student Newspaper)
On the Road to Tobacco Divestment: A Progress Report by Justin Trumpickas and Joe Dunlop (A report on the state of Tobacco Divestment at the University of Toronto)
Canadian Institutions
Socially Responsible Investing: Canadian Universities by Justin Trumpickas
University of Waterloo
Waterloo, OntarioSocially Responsible Investing at the University of Waterloo
Private U.S. Institutions
Barnard College
New York, New YorkBarnard College SRI Case Study by Amy Smeltzer
Brown University
Providence, Rhode IslandPreliminary Research on SRI at Brown University by Travis Allan
Dartmouth College
Hanover, New HampshireCurrent and Previous SRI Policy and Practice at Dartmouth College by Ben Shaer
Harvard University
Cambridge, MassachusettsHarvard University SRI Report by Joe Dunlop
University of Pennsylvania
Philadelphia, PennsylvaniaUniversity of Pennsylvania Endowment Research Fund by Marjan Ziadlou
Princeton University
Princeton, New JerseyPrinceton SRI research by Sam Ault
Q and A with Princeton SRI Folks by Sam Ault
Smith College
Northampton, MassachusettsSwarthmore College
Swarthmore, PennsylvaniaSwarthmore College SRI Information by Pat Dolan
Williams College
Williamstown, MassachusettsWilliams is Responsible for the Consequences of its Investments by Mike Levien. Williams Record
, April 11, 2000Students Compel Williams College to Offer Social Investment Option for Donors by William Baue SocialFunds.com, February 14, 2002
Case Study: The Williams Social Choice Fund excerpted from Investing in Social Change: A Student Handbook on Community Investment by Colleges and Universities Produced By Equity Trust, Inc.
Proposal for Transparency Policy Williams College Advisory Committee on Shareholder Responsibility
Yale University
New Haven, ConnecticutSocially Responsible Investing at Yale University by Justin Trumpickas
Public U.S. Institutions
University of California
California StateSRI at University of California by Howard Tam
Policy on Disclosure of University of California Retirement Plan General Endowment Pool Investment-Related Information University of California
Regents Set To Exclude Tobacco in UC Portfolio by Tanya Schevitz, San Francisco Chronicle January 12, 2001
About the University's General Endowment Pool Office of the Treasurer of the Board of Regents
University of California General Endowment Pool Investment Policy Statement
University of Michigan
Michigan StateSRI at University of Michigan by Howard Tam
Report and Recommendations of the Ad Hoc Advisory Committee on Tobacco Investments University of Michigan, March 17, 2000 (ultimately led to tobacco divestment at University of Michigan)
Law would protect 'U' investment information by David Branson The Michigan Daily April 13, 2004
Investment Practices at University of Michigan University of Michigan Standard Practice Guide
University Endowment Fund Profile (as of June 30, 2004) University of Michigan
Socially Responsible Funds and Pension Plans
United Kingdom
Hermes Pensions Management
Hermes Pensions Management by Pat Dolan
Universities Superannuation Scheme (USS)
How To Be a Responsible Pension Fund: A manual on how to evaluate your fund managers for pension funds who have a commitment to corporate governance and or responsible investing
USS Statement on Socially Responsible Investment
USS and Socially Responsible and Sustainable Investment: An Overview
USS Voting and Engagement Policy
USS Statement of Investment Principles
Other Links:
Shareholder Association for Research and Education (SHARE)
The Ethical Investor - A seminal 1972 book about Ethics and University Investments
Responsible Endowments Coalition
Sample Proposals from Other Universities
Useful Media Resources from Socialfunds.com
Other Documents:
Overview of status of socially responsible investing at various US colleges and universities
"Acting Like Owners: Proxy Voting, Corporate Engagement And The Fiduciary Role Of Pension Trustees" An article by Gil Yaron, Director of Law & Policy, Shareholder Association for Research and Education
Socially Responsible Investment in Higher Education by Darby Jack and Michael Miller
Know What You Own: The Complications of Socially Responsible Investing by Peter Keating. Money, Nov 1, 1999
2004 US University/College Endowment Rankings from: 2004 NACUBO Endowment Study National Association of College and University Business Officers
A Legal Framework for The Integration of Environmental, Social and Governance Issues Into Institutional Investment from: United Nations Environment Programme Finance Initiative (UNEP-FI) and Freshfields Bruckhaus Deringer
Questions? Contact
Ran Goel
Please direct questions about the
website to the webmaster, Howard Tam
Last Updated November 10, 2005